2026 Fund Accounting Operations Summer Intern

Summary

The summer intern will be responsible for performing certain fund accounting functions for Private Equity investment partnerships and accounts managed by the Firm.

Responsibilities

The summer intern will be involved in the following critical activities:

• Maintain the accounting ledgers for private equity funds and related investment vehicles.
• Review quarterly and annual financial statement valuations utilizing practical expedient.
• Review valuations and cash flows for co-investments.
• Review daily transactions including capital calls and distributions.
• Manage, monitor, and provide guidance to the outsourced accounting providers.
• Reconcile cash balances for current and expected cash flows.
• Facilitate and influence process changes associated with the build-out of a several new business processes.
• Review quarter-end receivables, payables, and foreign translation adjustments.
• Effectively work with other teams throughout the firm, including tax, legal, treasury, client services, etc.
• Support investment and client relationship personnel on ad-hoc requests.
• Facilitate the annual financial statement audit process with the funds’ auditors.
• Assist in special projects as requested.

Education, Skills And Experience Requirements

The ideal experience and critical competencies for the role include the following:

• Pursuing a BA/BS in Accounting/Finance with outstanding academic credentials; applicable coursework or internship in the field of investments or financial markets.
• Knowledge of partnership accounting as well as exposure to financial reporting, auditing, and tax.
• Demonstrated team player; self-starter; independent thinker; excellent judgment.
• Positive mind set with an eagerness to learn and desire to build and improve process.
• Proven ability to work in a fast paced environment with a high level of flexibility, accuracy, and attention to detail.
• Ability to handle multiple tasks simultaneously.
• Good written and verbal communication skills.
• PC experience – advanced knowledge of MS Excel preferred, however, not required.

Actual base salary may vary based on factors such as individual's experience, skills, and qualifications for the role.  Employees may be eligible for a discretionary bonus based on factors such as individual, team, and company performance as well as a comprehensive benefits package.

CHICAGO ANNUAL PAY RANGE$70,000—$70,000 USD

About The Firm

GCM Grosvenor (Nasdaq: GCMG) is a global alternative asset management solutions provider with approximately $86 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies.

The firm has specialized in alternatives for more than 54 years and has a diverse, engaged team of approximately 560 professionals serving a global client base. Eligible employees can elect to participate in comprehensive healthcare coverage (including medical, dental, vision and life insurance), flexible spending accounts, and the employer sponsored retirement plan.  Additionally, employees are eligible for paid time off, parental leave, short-term and long-term disability, as well as other care/wellness programs.

The firm is headquartered in Chicago, with offices in New York, Toronto, London, Frankfurt, Tokyo, Hong Kong, Seoul, and Sydney. For more information, visit: gcmgrosvenor.com.

Equal Opportunity Employer M/F/D/V